Australian shares rose in a quiet session ahead of the Australia Day public holiday, led by Fortescue Metals Group, which advanced more than 4 per cent following an enthusiastic reception to Friday’s trading update.
The S&P/ASX 200 Index rose 24.3 points or 0.36 per cent to 6824.69 on Monday. The All Ordinaries added 0.46 per cent to 7111.39.
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Vesna Poljak was The Australian Financial Review’s companies editor.